Berenberg Bank set a €53.00 ($56.99) target price on Daimler AG (ETR:DAI) in a research note published on Tuesday. The firm currently has a sell rating on the stock.

Several other equities research analysts also recently weighed in on DAI. Independent Research GmbH set a €70.00 ($75.27) target price on shares of Daimler AG and gave the stock a buy rating in a research report on Monday, July 25th. Deutsche Bank AG set a €90.00 ($96.77) target price on shares of Daimler AG and gave the stock a buy rating in a research report on Wednesday, July 27th. Morgan Stanley set a €65.00 ($69.89) target price on shares of Daimler AG and gave the stock a neutral rating in a research report on Monday, August 8th. Warburg Research set a €76.00 ($81.72) target price on shares of Daimler AG and gave the stock a buy rating in a research report on Thursday, October 13th. Finally, Kepler Capital Markets set a €72.00 ($77.42) target price on shares of Daimler AG and gave the stock a buy rating in a research report on Friday, October 21st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of €71.32 ($76.69).

Analyst Recommendations for Daimler AG (ETR:DAI)

Shares of Daimler AG (ETR:DAI) opened at 64.182 on Tuesday. Daimler AG has a 12 month low of €50.89 and a 12 month high of €85.42. The firm has a market cap of €68.66 billion and a P/E ratio of 8.395. The company has a 50-day moving average of €64.39 and a 200-day moving average of €60.85.

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Daimler AG Company Profile

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

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